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  • EddyTheDog
    Just Doing My Own Thing
    • Jan 2011
    • 25433
    #1

    BTC Question...

    I think I must be misunderstanding something - MTGox are selling at ~140, you can't cash out and that's why they are so low...

    The coins are yours though so why cant you just sell them on another exchange at the MUCH higher price?....

    What am I missing?..
    Tags: None
    • Paul&John
      Confirmed User
      • Aug 2005
      • 8644
      #2
      You cant transfer those coins out of MTGox
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        Comment

        • EddyTheDog
          Just Doing My Own Thing
          • Jan 2011
          • 25433
          #3
          Originally posted by Paul&John
          You cant transfer those coins out of MTGox
          Ahhh OK - I thought the coins just went to your wallet - I knew there must be an explanation...

            Comment

            • Paul&John
              Confirmed User
              • Aug 2005
              • 8644
              #4
              Yeah first I was wtf, why isnt everyone doing that.. then I read the news over their site
              So you can cash out pretty nicely in case they fix their shit.. its a big risk
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                • seeandsee
                  Check SIG!
                  • Mar 2006
                  • 50945
                  #5
                  mtgox is dead if they dont fix it
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                    Comment

                    • NEW XTC
                      Confirmed User
                      • Jun 2010
                      • 738
                      #6
                      Bro just do it. Buy a couple bitcoin on gox today, they lock in your price when you make the order so it doesnt matter how long it takes...
                      Those who can make you believe absurdities can make you commit atrocities.

                      -Voltaire

                        Comment

                        • EddyTheDog
                          Just Doing My Own Thing
                          • Jan 2011
                          • 25433
                          #7
                          Originally posted by NEW XTC
                          Bro just do it. Buy a couple bitcoin on gox today, they lock in your price when you make the order so it doesnt matter how long it takes...
                          They cant lock in the price unless they have the coins - In that case why don't I get them?..

                          They are just exchanging the coins that are in the MtGox system - That cant work.....

                            Comment

                            • Wellness Cash
                              Confirmed User
                              • Nov 2013
                              • 343
                              #8
                              Originally posted by seeandsee
                              mtgox is dead
                              Fixed that for you
                              Wellness Cash - Launching 2014

                                Comment

                                • NEW XTC
                                  Confirmed User
                                  • Jun 2010
                                  • 738
                                  #9
                                  Originally posted by EddyTheDog
                                  They cant lock in the price unless they have the coins - In that case why don't I get them?..

                                  They are just exchanging the coins that are in the MtGox system - That cant work.....
                                  Do you currently own any BTC? If so the go here: https://www.bitcoinbuilder.com/

                                  If not then you are a little too uninformed to be asking these questions here on GFY - read up on Reddit
                                  Those who can make you believe absurdities can make you commit atrocities.

                                  -Voltaire

                                    Comment

                                    • slapass
                                      Too lazy to set a custom title
                                      • Nov 2002
                                      • 14625
                                      #10
                                      Originally posted by NEW XTC
                                      Do you currently own any BTC? If so the go here: https://www.bitcoinbuilder.com/

                                      If not then you are a little too uninformed to be asking these questions here on GFY - read up on Reddit
                                      It is a legit question. If the coins are going through and confirmed on MtGox then they should really have them. Unless they are spoofing in their system now.

                                        Comment

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